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Climbing mortgage rates continue to slow the housing market, with both home sales and listings falling rapidly. Existing-home sales declined for the eighth consecutive month
A former northeast Iowa bank executive who claimed to be a victim of his own soft-heartedness was sentenced Thursday to 18 months in prison for
Good news: The 2022 Payments Fraud and Control Survey found the lowest levels of payment fraud in U.S. organizations since 2014. Bad news: 71% of
Sales of all types of previously owned homes – houses, condos, and co-ops – fell for the eighth month in a row, by 1.5% in
With mortgage interest rates hovering around 7%, more than double since the start of 2022, prospective homeowners are likely asking themselves how much home can
Mortgage rates moved closer to 7% this week amidst a perfect storm of recession fears, stubborn inflation and the hint of more Federal Reserve interest
As more houses remain on the market longer in the U.S., the fix-it budget for home sellers has seen a more than 50% spike in
Homebuilders. They're just like you. Soaring costs are not only keeping potential homebuyers out of the real estate market, they're also pushing homebuilders to the
Rising mortgage rates are taking a toll on the Des Moines metro's once red-hot housing market. For five straight months through September, year-over-year sales have
This week, mortgage rates in the United States reached a 16-year high in response to rising interest rates. Back in September, President Joe Biden told
I had a neighbor once who spent several days in the county jail because he wouldn’t make his mortgage payments. He felt he had a
CLAYTON COUNTY, Ga. - The frustrations continue in Clayton County as landlords say they feel hopeless as they aren’t able to evict tenants. This comes
Home prices and rents will decline in the next year, on average, though different parts of the country will experience somewhat differing paths. In the
BofA Global sees 0% home price appreciation in 2023, "with risks to the downside." Major U.S. banks already have been cutting staff and operations related
(HARTFORD, CT) – Governor Ned Lamont today announced that Connecticut has been allocated an additional $11 million from the U.S. Department of the Treasury to
(Washington) – Residents in public housing operated by New Mexico’s Northern Regional Housing Authority (NRHA) have described threats of eviction and other practices that appeared
Federal relief funds totaling $66 million are available to homeowners who are delinquent in mortgage payments as a result of financial hardships associated with the
Fitch Ratings-New York-11 October 2022: The U.S. housing market appreciation and the rapid increase in mortgage rates have reduced housing affordability and accelerated the plunge
It’s a double whammy for would-be homebuyers. Not only are interest rates soaring, it’s getting harder to qualify for a loan. The average rate on
ANN ARBOR, MI — The passage of Ann Arbor’s new right-to-renew law drew applause from renters in the City Council chambers this week. But one
Renters across the U.S. are feeling the sting of soaring inflation, rising housing costs and the end of the national eviction ban. Some 15% of
“Evicted,” an exhibit put on by the Community Action Agency of Somerville , is currently running at the Somerville Armory until Nov. 4. Based on